The International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP) was launched in London in October 2015 at the initiative of Pool Re, and formally ratified at the congress organised by the Australian Reinsurance Pool Corporation (ARPC) in Canberra in October 2016. Subsequent annual conferences have been held in Paris (2017), Moscow (2018) and Brussels (2019).
As the only forum of its kind in the world, the aim of IFTRIP is to support initiatives for closer international collaboration between sovereign-backed terrorism reinsurance pools. Its annual conference provides a platform for the exchange of experience in mitigation and capacity building against economic loss resulting from terrorism. IFTRIP also coordinates and contributes to international and cross-sectoral working groups on a variety of topical issues, from cyber terrorism to nuclear pool coverage.
IFTRIP’s guiding principle is that as global terrorism becomes a more complicated, diffuse and persistent threat than ever before, a broad coalition is required to come together to understand it, and unite against ideologies which above all seek to de-stabilise and divide. As such, the Forum’s annual conference represents the world’s largest gathering of international terrorism reinsurance pools, (re)insurers, public agencies, academics and risk and security professionals.
IFTRIP is governed by the IFTRIP charter and is bound by local and international regulations.
The following institutions are Members or Observers of IFTRIP:
- Australia (ARPC) – Presidency
- Austria (GRAWE)
- Belgium (TRIP)
- Denmark (FINANSTILSYNET)
- France (GAREAT, CCR)
- Germany (Extremus)
- India (GIC)
- Israel (INCD)
- Nambia (NASRIA)
- Netherlands (NHT)
- South Africa (SASRIA)
- Spain (CCS)
- UK (Pool Re) – Secretariat
- USA (Treasury)